European Stars And Stripes (Newspaper) - November 19, 1988, Darmstadt, Hesse                                Inside stripes d cancelled Check service eliminated in us Iceland Page 3 d Jim Jones still haunts Guyana Jungle Page 9 o exciting Madrid revisited Page 13 o Larry Bird sidelined for 3 months sports Page 21 Ocial publication fool the it. Armed of Dice vol. "47, no 21 6 saturday november 19, 19� Good morning pc a 5un. D 8693 a Banks bolster erratic Dollar by the los angles times Washington a coordinated sortie by major Central Banks to Stop the latest slide in the value of the Dollar apparently succeeded thursday but analyst said that the . Currency Proba Bly would remain vulnerable to attack for the foreseeable future in a visible and at least temporarily successful move Central Banks of he United Stales and its major economic a lies intervened heavily in global for eign Exchange markets thursday jointly buying up an estimated 1800 million Worth of dollars to help prop up the Price of the . Currency. Analysis said he barrage the first concerted Effort by the Central Banks since the latest slide began was intended to show the ranges the major govern ments set last summer were still in effect and would be enforced. Traders estimated that the United Stales acting through the Federal re serve bought about j250 million. Be sides the fed the Effort included the Cen trial Banks of Japan West Germany Britain France and Italy. After rebounding in mid Oming the . Currency closed in new York at 122.155 japanese yen and 1.7230 West German Marks the Bottom of the ranges that have been set by the Central Banks. See currency rates Page 20. In Tokyo Friday the Dollar inched up against the yen after its lowest close there since the late 1940s thursday. Traders said the Bank of Japan bought up dollars actively Friday when it was around 122.10-. 15 yen. The . Stock Market recovered from its dive with the Dow Jones Industrial average closing up 13.87 Points at 2,051.45. That reversed a we Klong de Cline capped with a Sharp 38,59-Point slide wednesday. Bush chooses Sununu to a chief of staff Job a  i John Sununu Washington up Presh knt a acct George Bush named John Sununu As his White is Jisc chief of staff thursday saying the retiring new Hampshire governor will Oring a refreshing new  move the country Forward. Announcing the decision Bush praised Sununu s experience As a teacher Small businessman successful politician and said he has the Abigil Lead to not Viale and will build a  Tio ship with the United Stales  also said he chose his former  manager. Lee Alwater As the new chairman of Fth Republican National committee. Sununu 49, a portly  engineering professor is regarded a Slough Bright but sometimes brusque  won the key White House Post despite complaints he lacked Washington experience. Of -. Bush wharf vowed to bring fresh faces to Washington s corridor ref Power said Sununu will bring to my administration a refreshing new perspective that in my View is critical to help move our country  some Bush  the coveted Post often viewed As the Sccio most powerful Job in washing ton should Iff to Craig Fuller chief of Bush s vice  since april 1985. Euler who will remain As co director of the Iran ton team said he told Bush before the election that hts Auld enthusiastically serve As while House chief Kotoff if offered the Job but otherwise would prefer to Tupi to the private sector. He said he stressed Bush a wild feel no pressure to select him. Some jewish go Fis have expressed reservation about Sununu  his refusal in 19b6 to sign a statement circus Bledy . Representatives of the world zionist  a 1975 United nations  zionism with racism. He was the Only govern a jul to sign. He said he supports Israel and by lures the ,"resolution ought to be repudiated _ y Bush met thursday afternoon with his senior advis ers to review additional personnel decisions but .10 major announcements Are expected until he returns from a thanksgiving slay in Maine. Thatcher suggests Mideast priority from Bush by the los Angeles times Washington British prime minister Margaret Thatcher told presi Dent elect George Bush thursday to five the Arab israeli conflict a higher priority than did president Reagan. She urged Hin to begin by finding a Way to Reward the Palestine liberation organization for its implied recognition of Israel.  -. At a press conference after meeting with Bush Thatcher said the Plo s endorsement this week of . Security Council resolutions 242 and 338 was modest step Forward and something on which we could build she said that for the past 15 years the United states joined More recently by Britain and other Western allies urged the Flo to explicit to acknowledge is Rael s right to exist renounce terrorism and accept the  resolutions that proclaim thai All nations in the Region including Israel. Have a right to live in peace within internationally recognized Borders. You go on for years and years talk ing about problems and saying to peo ple that you must come to accept these you must do it As a condition she said. Now when it looks As if they Are trying to do it and May actually bedding it. If you Don t encourage them when they look As if they Are doing something going in the right direction you won t get further  Thatcher agreed with the official position of the Reagan administration that the Flo during its meeting in Algiers did not go far enough to meet the de mands of the West. But she reached an opposite conclusion calling for the United slates to make a reciprocal gesture to the Plo i effect offering a Little bit of recognition in Exchange Lor the Plo moving closer toward recognizing  administration stressed the areas in which the Plo s action fell Short an called on the organization to meet the rest of the Western conditions before expecting to get anything in return. Bush advisers arc known to have urged him to move cautiously in establishing his Middle Eastern policy. Advisers have warned Bush that the danger of failure in Middle East Media Tion probably outweighs the Chance of Success. Moreover any . Gesture to Ward the Plo would be resented by is Rael producing new frictions with a nation that enjoys substantial support i Congress. The put accepted resolutions 242 and 338 As the basis for peace negotiations. The organization also for the first Lime formally endorsed a two Szalc solution for the Region calling fora palestinian slate alongside Israel in Stead of demanding the destruction of Israel. But the Resolution did not men lion Israel by name.  Margaret Thatcher